FOMC-implemented changes in the federal funds rate generally affect which of the following?
A) the amount of reserve cash a bank must keep on hand
B) consumer loans for things like automobiles and credit card purchases
C) the interest rate at which manufacturers can borrow money for investment in their own businesses
D) corporate loans for investment in the bond market
E) the rate at which the federal government can repay its debts
Correct Answer:
Verified
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